how the crypto world is fighting Coronavirus

The crypto community is mobilizing to do its part in the fight against coronavirus. Let's see some significant interventions that are making a difference.

Ryan Zurrer "Helps Prevent DeFi Default"

In this period of strong market fluctuations, investor Ryan Zurrer is helping to prevent DeFi from defaulting. Zurrer, founder of Dialectic, a Swiss-based crypto-asset company and former commercial director of the Web3 Foundation, has taken on "very conservative" collateralised debt positions (CDPs) to keep MakerDAO running.

MakerDAO nearly collapsed last week after the Ethereum blockchain failed to keep up with investor demand. To that end, Zurrer launched a Keeper bot in anticipation of the potential auction – which could once again attract a large wave of investors – later this week.

"For me, MakerDAO represents DeFi itself and is one of the most compelling projects on Ethereum, so I won't let it happen in a key event on Black Swan without doing everything in my power to protect it," said Zurrer.

A 17-year-old is mapping the global spread of coronavirus

Avi Schiffmann, a young miner who attends high school on Mercer Island, just outside of Seattle, launched a website to track the spread of the coronavirus in late December. Since then it has become a vital resource for researchers and people who want to stay informed.

Using the latest data from the World Health Organization and the Center for Disease Control, Schiffmann's website presents the most current local, national and global information in an easy-to-read format.

This includes information on the amount of confirmed, cured and fatal cases, as well as a Wiki section and a newsletter to provide basic information about the virus. The site has been visited by millions of people.

Crypto fundraising

The Giving Block, a charity initiative in the crypto sector, is partnering with nonprofit charities to launch a fundraiser this week. “Government responses are failing.

Nonprofits, businesses and individuals need to do their best right now, "said Alex Wilson, co-founder of The Giving Block. All donations go directly to portfolios controlled by the non-profit association.

Decentralized and distributed work to build 3D models of COVID-19

Folding @ Home is using computer simulations to build viral protein models that can aid in the search for a vaccine. To do this it is very useful to have the support of the whole crypto community, in particular the miners and their powerful technology.

By taking advantage of the decentralized and distributed work of computers around the world, volunteers can contribute with excess CPU or GPU space to perform these modeling experiments.

“These are huge calculations and every little bit of help, every simulation you run is like buying a lottery ticket. The more tickets we buy, the better the chances of winning the jackpot, "writes the Folding @ Home team.